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Archive for the ‘China’ Category

A Quick Overview Of The Economy Of China

Tuesday, November 18th, 2008

The thriving economy of China is dictated by the People’s Republic of China. This has been the dominate force driving the economy since 1978. Currently China’ economy ranks it #4 in the world so there is no doubt the regulations of the People’s Republic of China are working well for the people of China. However, the biggest criticized of the Chinese economy is that it appears the rich people keep on getting richer and the poor people never escape from poverty. To help with the growing gap in the different social classes China underwent a political balancing act to help rectify the situation. This process was introduced in the 1990’s. The government worked hard to instill market reform. China really seemed to do well with the changed until the energy crisis that occurred in the late 1990’s.

Skilled workers are needed for the corporations and technology while unskilled laborers are needed for tending to the farms. China is the 3rd worldwide in the amount of production annually in their factories. Agriculture is a huge part of the Chinese economy with more than 300 million people working in that area. The foods grown in China are highly exported. It is estimated that their food exports feed up to 20% of the world’s population. The growth of China has some of the leaders in the country worried though. They are continually increasing the amount of natural resources they consume on an annual basis. The pollution and other environmental problems that come from the high number of factories are a concern. China’s economy is certainly growing, but it has a long ways to go, which means there are lots of opportunities available.

China Property Market, Among World’s Hottest Properties

Thursday, July 10th, 2008

The Chinese real estate sector is increasingly becoming highly sought after with international property investors who are looking for maximum diversification within their portfolios because the real estate market in China generate interest in local and international investors and interest covers both the commercial and residential real estate sectors. This implies that there is a huge opportunity to make profits, income and gains from Chinese real estate which is the reason why it is extremely popular with investors.

The Chinese government is also committed to woo foreign investment into their country and started easing many constraints to smooth the path for those looking to buy property in China back in 1998. Their efforts to lift their economy via the encouragement of foreign direct investment met with grand success and lead to the government getting concerned that speculators would render the property market unstable. Because of this the Chinese government has now made it tougher for investors to achieve short term gains from the property market. As a result of this fact the market now triggers less interest with those real estate investors aiming for short term gains and more attractive with those searching for a reliable market with extensive potential for demand and flourishing over the medium to long term.